» Bankruptcy Filings On The Rise

Statistics from the U.S. Bankruptcy Courts shows that bankruptcy filings are continuing to rise in the first quarter of 2009.

The court’s records show that 330,477 bankruptcy cases were filed in the first quarter, the highest number since December 2005 which included the large number of filings leading up to changes in bankruptcy law.

The report shows that over one third of the cases, 134,282, were filed in March. With the economy still fighting its way to recovery, experts predict that the number of bankruptcy cases filed will continue to rise.

Tags: bankruptcy cases, filing bankruptcy, U.S. Bankruptcy Courts

This entry was posted on Thursday, June 11th, 2009 at 1:15 pm and is filed under Bankruptcy. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.